Quote:
Originally Posted by jimjamuser
The average person does NOT like CHANGE. They don't like to gamble, especially with hard earned money in investment accounts. They prefer economic STABILITY and investments with minimum downsides and a CONSTANT, while small upside. Today we have MAXIMUM financial change. Leaving the small investors perplexed and frightened. Small investors were surprised by the SUDDEN CHANGE to Tariffs for virtually everyone. The question then is, "What class of investors would BENEFIT in this NEW and quickly changing world". I would imagine that it would be those INVESTORS that ALWAYS have benefited from rapid change. Those that probably KNOW that the change is coming. That would be the upper 1 % in the US and world. They communicate with EACH other, not the lowly bottom feeding 99%. The 1% KNEW that radical universal tariffs would start the US market DOWN. So, that was their chance to SHORT the market. It was a no-brainer for the 1% and a fantastic opportunity, with zero risk. They just have to NOT be too greedy and get out before the market comes back. They can even BUY on the way back up. Likely they benefited from some sort of insider information.
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So you didn't get the message tariffs were coming and the date? How did you miss that?
We had to go out for errands today and strangely enough, didn't see anyone shaking, cowering in corners, crying or red eyed or wringing their hands. The world is still turning and time is needed to accomplish the goal. Hopefully, trade will be balanced on the needs of every country so EVERY COUNTRY has the opportunity for fair trade without tariffs, excise taxes, VATS and non-tariff barriers.
Also bringing certain manufacturing back to the USA is critical for the security of this nation so essential supplies are not withheld from us if a disagreement or worse happens.